360 



THE INDIA RUBBER WORLD 



[July 1, 1911. 



Progress of Rubber Planting. 



ANGLO-HALAT RUBBEK CO., LIUITED. 



THE above company held its fifth annual meeting in London 

 last month. The chairman, Sir Frank A. Swettcnham, G. C. 

 M. G., in delivering his annual address, reported 3,215 acres 

 planted in 1910, of which approximately 1,500 acres were in bear- 

 mg ; tliere were 700 acres coming into tapping for the first time 

 and 3.298 acres still in forest. From the 1,500 acres in bearing. 

 673,132 pounds of rubber were obtained, which sold for i208,093 

 Ts. 6rf. after paying conmiission on sales, brokerage, etc. The net 

 profit figured out at £142,236 19.J. 5rf., which, adding the balance 

 forward from the preceding year, made il55.149 14.f. Irf. ($755,- 

 033). Three interim dividends, at the rate of 25 per cent, each 

 having already been paid, a final dividend of 100 per cent, was 

 recommended. 



TANJONG OLOK (HAWAIIj PLANTATION, LTD. 



Ix his report to the general meeting, held June 5, at Honolulu, 

 the manager recorded the commencement of tapping, a year 

 ahead of the anticipated time, with 1,500 trees, and the subse- 



Three-ye.\r-old Tree at T.vl'jong Olok. 



quent addition of 2,208 trees, making 3,708 trees tapped during 

 the year. The amount of rubber collected was stated as 1,325 

 pounds, which was sold for $1,454, the cost of tapping collect- 

 ing, factory and shipping charges being $497. The manager 

 reports that enough rubber is being obtained, from the area in 

 bearing, to pay for the up-keep of that area, so that if funds 

 are provided for taking care of the unproducing area, there 

 should be an available cash profit at the end of the year. 



RrVEaSIDE RTTHBER CO.. SELANGOR. F. M. S, 



The accounts presented to tlie second annual meeting show 

 £1,127 \9s. Id. ($5,483) credited to profit and loss, which the 

 directors recommend should be carried to next year's account. 

 The company report 15,402 pounds of dry rubber harvested for 

 five months ending May 31, 1911. 



THE SAPUMALKANDE RUBBER CO., LIMITED. 



The first annual meeting of tlie above company was held in 

 London on May 30. The report of the directors, covering the 

 period ending December 31, 1910, showed a rubber crop of 

 69,526 pounds, for which a net average price of 5 shillings 7J/2 

 pence per pound was realized against an estate cost of \s, 'iYzd. per 

 pound. The area planted to rubber alone was given as 810 

 acres, of tea interplanted with rubljer at 1,054 acres. The esti- 

 mates for 1911 included 108,000 pounds of rubber at an estate 

 cost of 1 shilling 3^ pence per pound, with a liberal allowance 

 for cultivation. Forward contracts were reported as having been 



entered into for the delivery of 33,600 pounds of No. 1 rubber 

 at an average price equal to 6.S. Id. per pound, London terms. 



The net profits available for distribution were reported as 

 il2,266 As. 5d. ($59,693), from which the directors recommended 

 a distribution of 8 per cent., the writing off of £2,212 \\s. 2d. 

 preliminary expenses and Ihe carrying forward of £1,893 I3s. 3d. 

 to 'next year's account. 



THE MALAYALAM RUBBER AND PRODUCE CO. 



The second annual report of the directors of the above com- 

 pany, prepared for presentation to the second annual general 

 meeting held May 30, and covering the period from August 19, 

 when the company was incorporated, to December 31, of that 

 year, showed a rubber crop, for the period in question, of 13,212 

 pounds ; the cost, f. o. b. was \s. 44rf. per pound and the net 

 selling price averaged Sj. l.56d. per pound, equivalent to a profit 

 of 3s. 9.l5d. per pound. The net profit on the operation of the 

 property, for the above period, was £19,423 6s. 2d. ($90,609). 

 From this it was proposed to pay a dividend of 6 per cent., leav- 

 ing £4,105 to carry forward to next year's account. The esti- 

 mated crop of rubber for 1911 is 31,000 pounds. 



SUNGEI BULOH RUBBER COMPANY. 



Sungei Buloh Rubber Company held an ordinary general meet- 

 ing at which the presiding officer described the cost of the com- 

 pletely equipped estate at £47,085, or £20,000 in excess of the 

 forecast. 



HARRISONS & CROSFIELD, LTD. 



Harrisons and Crosfield, Limited, well known from their con- 

 nection as brokers, managers, agents, etc., with the rubber inter- 

 ests, are issuing 2(X),000 five and a half per cent, cumulative 

 preference shares of £1 each at par, to rank in all respects with 

 the 3CK),000 five and a hall per cent, cumulative preference shares 

 already issued. The capital of the company is £657,500, in 500,000 

 five and a half per cent, cumulative preference shares, of which 

 300,000 have already been issued and 200,000 have been recently 

 created: 150,000 preferred ordinary shares of £1 each and 150,000 

 management shares of Is. each. The company has branches in 

 Modan, Sumatra; Melbourne, Australia; Batavia, Java and 

 Quilon, Southern India. 



RUBBER PLANTATION CORPORATIONS. 



Following are the names of companies recently organized to 

 engage in the rubber-planting business that have been registered 

 by the London Stock Exchange : 



Sumatra Jelutong and Rubber Estates (May 3); capital 

 £200,000 in £1 shares. Cultivators of and dealers in rubber, gutta 

 percha, gum, etc., to acquire certain concessions and estates in 

 Sumatra and to adopt an agreement with the General Explora- 

 tion and Finance Syndicate, Limited. First directors, W. T. 

 Lane and F. D. Holcombc. 



G. W. Christian & Co. (May 2) ; capital £60,000 in £1 shares. 

 To carry on the business of African merchants, cultivators of 

 and dealers in tropical produce, rubber, etc., and to acquire a 

 business carried on at various places in Nigeria and elsewhere. 



Parit-Bruas (Mala>») Rubber Company (May 3) ; capital 

 £36.000 in £1 shares. To acquire the Bruas Estate, of about 2,000 

 acres, near Parit, Perak (Federated Malay States). Agreement 

 with the Malay Rubber Planters, Limited. First directors : J. C. 

 G. McFcrran, chairman; W. H. Peach, J. P. Tatham, F. R. 

 Bastovv and A. J. Stevens, all directors Malay Rubber Planters, 

 Limited. 



Nigeria Proprietary Co. (April 29) ; capital £50,000 in £1 

 shares. To carry on business of general miners, rubber growers, 

 etc., and to adopt an agreement with Sigismund Moritz. 



